Floyd Mayweather grabbed attention by showing off his $100 million watch collection on Instagram. The boxing legend made this move to shut down recent rumors about his financial situation.
50 Cent, Mayweather's former friend, kicked off the speculation. He shared a video clip from Fighters Corner News on April 8. The video's title read "Stephen A. Smith EXPOSES Floyd Mayweather For Going BANKRUPT After $402 Million SCAM".
50 Cent added fuel to the fire with his comment: "Damn Champ they caught you CAPPIN. Hahahaaha Time for another exhibition! LOL."
The rapper didn't stop there. He claimed Mayweather lied about owning over 100 buildings in New York City. Mayweather had made this claim during an appearance on The Tonight Show with Jimmy Fallon.
Business Insider looked into Mayweather's property claim. They couldn't find any public property records in New York City linking to Mayweather's supposed purchase.
Rick Glasser, a boxing insider, weighed in on the situation. He said, "Rumors of Floyd Mayweather Jr being in financial trouble [are] hard to [swallow], but [are] deeply rooted[,] I'm told."
Mayweather decided to respond to these claims in his own way. He took to Instagram, posting three clips of different watches from his collection. One watch stood out - a custom 145-carat diamond-encrusted piece worth $1.8 million. Mayweather had bought this watch to celebrate his birthday in February.
The former boxer's watch collection carries an estimated value of $100 million. By showcasing these luxury timepieces, Mayweather aimed to prove his wealth and dismiss the bankruptcy rumors.
Mayweather's financial status has long been a topic of discussion. He's considered one of the richest former sportspeople. However, these recent claims have put his wealth under scrutiny. The boxer's flashy response suggests he's not worried about his bank balance, but the rumors continue to circulate in boxing circles.
